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CAD/MXN - Rate Guide

Canadian Dollar to Mexican Peso exchange rates aren't all the same.

The total cost you are charged by your bank or foreign exchange provider consists of a margin from the interbank mid-rate plus fees. These margins and fees vary significantly for International Money Transfers and Travel Money transactions as shown below.

 

CAD/MXN Exchange Rates and Providers Compared

This guide to the Canadian Dollar to Mexican Peso exchange rate with 90-day chart & alerts, historic rates, forecasts and CAD to MXN comparison tables for foreign transfers and travel money rates and fees on offer by banks and foreign exchange providers. Calculate amounts and rate margins with the CAD/MXN Calculator.

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CAD/MXN - 90 Day Rate Alerts

1 CAD = 14.6176 MXN

30-DAY LOWS 14-DAY DOWN 3.5%14-DAY LOWS
CAD/MXN over the last 90 days

View CAD/MXN - Interactive Chart

Exchange rates can vary significantly depending on the transaction type (transfer, cash or card), currency pair and amount. The below table shows an example of total costs charged by FX specialists and banks for CAD/MXN International Money Transfers. Costs are calculated against the current interbank mid-rate.

 

CAD to MXN International Money Transfers

  

Foreign Transfer ProvidersReceive MXN($)Exchange RateFee CADTotal CostDeal Links
OFX logo
143,500 MXN
Best Overall
14.350^1.9%
XE logo
144,400 MXN
900 MXN
14.4401.28%
HSBC logo
140,489 MXN
3,011 MXN
14.07C$153.95%
Coast Capital Savings International Money Transfers
Coast Capital Savings logo
139,491 MXN
4,009 MXN
14.09C$1004.64%
Scotiabank logo
139,293 MXN
4,207 MXN
14.07C$1004.77%
TD Canada Trust logo
139,293 MXN
4,207 MXN
14.07C$1004.77%
Banks - Average Rate
Coast Capital Savings logo Scotiabank logo Royal Bank of Canada logo HSBC logo TD Canada Trust logo
139,295 MXN
4,205 MXN
14.05154.77%
Royal Bank of Canada logo
137,907 MXN
5,593 MXN
13.93C$1005.72%
 

OFX logo

OFX: Foreign Transfer CAD→MXN
From Amount:10,000 CAD
Fee:0^ - No fees for BestExchangeRates users (normally $15 for smaller transfers)
Exchange Rate:14.35 (1.9% from mid-rate)
To Amount:143,500 MXN
Total Cost:1.9%
Time:
Rate Fetched: Thu Sep 19 2019 05:05:03 GMT+0000 (UTC)
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.8/5.0
Reviews:
 

XE logo

XE: Foreign Transfer CAD→MXN
From Amount:10,000 CAD
Fee:
Exchange Rate:14.44 (1.28% from mid-rate)
To Amount:144,400 MXN
Total Cost:1.28%
Difference:
900 MXN more than using OFX
Time:6:03 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone
Rating:
 
: 3.5/5.0
Reviews:
 

HSBC logo

HSBC: Foreign Transfer CAD→MXN
From Amount:10,000 CAD
Fee:C$15 CAD (.15%)
Exchange Rate:14.07 (3.81% from mid-rate)
To Amount:140,489 MXN
Total Cost:3.95%
Difference:
3,011 MXN less than using OFX
Time:6:03 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Coast Capital Savings logo

Coast Capital Savings: Foreign Transfer CAD→MXN
From Amount:10,000 CAD
Fee:C$100 CAD (1%)
Exchange Rate:14.09 (3.67% from mid-rate)
To Amount:139,491 MXN
Total Cost:4.64%
Difference:
4,009 MXN less than using OFX
Time:6:03 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Scotiabank logo

Scotiabank: Foreign Transfer CAD→MXN
From Amount:10,000 CAD
Fee:C$100 CAD (1%)
Exchange Rate:14.07 (3.81% from mid-rate)
To Amount:139,293 MXN
Total Cost:4.77%
Difference:
4,207 MXN less than using OFX
Time:6:03 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

TD Canada Trust logo

TD Canada Trust: Foreign Transfer CAD→MXN
From Amount:10,000 CAD
Fee:C$100 CAD (1%)
Exchange Rate:14.07 (3.81% from mid-rate)
To Amount:139,293 MXN
Total Cost:4.77%
Difference:
4,207 MXN less than using OFX
Time:6:03 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Banks - Average Rate

Foreign Transfer CAD→MXN
From Amount:10,000 CAD
Fee:15
Exchange Rate:13.9 (4.97% from mid-rate)
To Amount:139,295 MXN
Total Cost:4.77%
Difference:
4,205 MXN less than using OFX
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
 

Royal Bank of Canada logo

Royal Bank of Canada: Foreign Transfer CAD→MXN
From Amount:10,000 CAD
Fee:C$100 CAD (1%)
Exchange Rate:13.93 (4.77% from mid-rate)
To Amount:137,907 MXN
Total Cost:5.72%
Difference:
5,593 MXN less than using OFX
Time:6:03 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 1/5.0
Reviews:
 
Snapshot 09/19/2019 - See full table

Example of the margins and possible savings when you order travel money online with a currency specialist rather than in-person from banks and currency kiosks.

Travel Money ProvidersAmount MXN($)Exchange RateFee CADTotal CostDeal Links
Travelex Online CA logo
14,120 MXN
Best Overall
14.12$03.47%
Royal Bank of Canada logo
13,800 MXN
320 MXN
13.805.65%
TD Canada Trust logo
13,660 MXN
460 MXN
13.6606.61%
Banks - Average Rate
Scotiabank logo Royal Bank of Canada logo TD Canada Trust logo
13,625 MXN
495 MXN
13.72C$106.85%
Scotiabank logo
13,416 MXN
704 MXN
13.69C$208.28%
 

Travelex Online CA logo

Travelex Online CA: Travel Money CAD→MXN
From Amount:1,000 CAD
Fee:$0 - No fees for Debit & Credit Cards
Exchange Rate:14.12 (3.47% from mid-rate)
To Amount:14,120 MXN
Total Cost:3.47%
Time:
Rate Fetched: 6:03 Local
Currency Services:FREE Home delivery & Branch pickup
Delivery/Collect:2-3 days
Rating:
 
: 4.3/5.0
Reviews:
 

Royal Bank of Canada logo

Royal Bank of Canada: Travel Money CAD→MXN
From Amount:1,000 CAD
Fee:
Exchange Rate:13.8 (5.66% from mid-rate)
To Amount:13,800 MXN
Total Cost:5.65%
Time:6:03 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 1/5.0
Reviews:
 

TD Canada Trust logo

TD Canada Trust: Travel Money CAD→MXN
From Amount:1,000 CAD
Fee:
Exchange Rate:13.66 (6.61% from mid-rate)
To Amount:13,660 MXN
Total Cost:6.61%
Time:6:03 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 

Banks - Average Rate

Travel Money CAD→MXN
From Amount:1,000 CAD
Fee:C$10 CAD (1%)
Exchange Rate:12.8 (12.49% from mid-rate)
To Amount:13,625 MXN
Total Cost:6.85%
Currency Services:Branch
Delivery/Collect:-
 

Scotiabank logo

Scotiabank: Travel Money CAD→MXN
From Amount:1,000 CAD
Fee:C$20 CAD (Minimum fee)
Exchange Rate:13.69 (6.41% from mid-rate)
To Amount:13,416 MXN
Total Cost:8.28%
Time:6:03 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 
Snapshot 09/19/2019 - See full table

CAD / MXN converter & margin calculator

C$CAD
$MXN
mid-rates

Compare how much you can save on CAD/MXN exchange rates for:

Foreign Transfers Travel Money

Foreign Transfers Travel Money

Canadian Dollar

Mexican Peso

1 CAD 14.62 MXN
5 CAD 73.09 MXN
10 CAD 146.18 MXN
20 CAD 292.35 MXN
50 CAD 730.88 MXN
100 CAD 1,461.76 MXN
250 CAD 3,654.40 MXN
500 CAD 7,308.80 MXN
1,000 CAD 14,617.60 MXN
2,000 CAD 29,235.20 MXN
5,000 CAD 73,088.00 MXN
10,000 CAD 146,176.00 MXN
50,000 CAD 730,880.00 MXN
100,000 CAD 1,461,760.00 MXN
See more

Canadian Dollar

Mexican Peso

0.0684 CAD 1 MXN
0.3421 CAD 5 MXN
0.6841 CAD 10 MXN
1.3682 CAD 20 MXN
3.4206 CAD 50 MXN
6.8411 CAD 100 MXN
17.10 CAD 250 MXN
34.21 CAD 500 MXN
68.41 CAD 1,000 MXN
136.82 CAD 2,000 MXN
342.06 CAD 5,000 MXN
684.11 CAD 10,000 MXN
3,420.55 CAD 50,000 MXN
6,841.10 CAD 100,000 MXN
See more
Country Guides (CAD & MXN)
CanadaCanada (CAD)MexicoMexico (MXN)

CAD/MXN - Historical Trends

This table shows historic rates and trends of Canadian Dollar to Mexican Peso over periods upto 10 years.

PeriodChange*CAD/MXNDate
1 Day-0.2%14.626217 Sep 2019
7 Day-1.3%14.789811 Sep 2019
30 Day-2.1%14.911319 Aug 2019
3 Month+1.3%14.413820 Jun 2019
1 Year+0.7%14.494218 Sep 2018
5 Year+21.1%12.058619 Sep 2014
10 Year+17.9%12.386120 Sep 2009

*For period to 18-Sep 21UTC when CAD/MXN was 14.5971

You can use our CAD interactive charts to check CADMXN historic trends.

Get a Better FX Deal when you Send and Spend Abroad.

 

CAD and MXN in the Markets

When determining the best time to make a foreign exchange transaction, in this case the CAD vs MXN, you should pay attention to the recent market trends for both currencies.

 

Canadian Dollar (CAD)

The Canadian dollar stormed ahead in the second half of June, rising to a 16-week high against the US dollar and to 8-month highs against the euro, pound, Australian and New Zealand dollars. Against the Aussie, a minimal additional increase would take CAD to a 9-year high.

Supporting the loonie was a 10 percent rise in the oil price (oil is among Canada’s most exported products but is volatile and can’t be relied upon), a large and welcome jump in inflation, and dovishness at major central banks of the world, including the Federal Reserve, ECB and RBA.

Any delay to Canadian ratification of the USMCA trade deal (already accepted by Mexico) is likely to depress sentiment on Canada’s currency.

Read more in the article CAD Forecasts.

 

Mexican Peso (MXN)

At 18.8 per US dollar, the Mexican peso was trading on April-20 close to its strongest level in 6 ½ months, though it was meeting significant resistance (USD/MXN support) at 18.75—a level from which the peso was repelled twice last October, in March, and once already in April.

Boosting the peso has been the thriving oil market. Oil is high on the list of Mexico’s top exports and by April-20 it was up 44 percent for the year to $65 per barrel.

Also supporting the peso has been the dovish turn by the Federal Reserve. With no increase in US interest rates projected this year, the dollar will weaken and the peso should gain value because Mexico holds high levels of dollar-denominated debt, which becomes easier to repay when dollars are cheap and US rates are low.

Earlier this year, ING said that the peso would be among 2019’s best performing emerging market currencies, though newly-formed BlueLine Asset Management said one if its first market bets would be on peso depreciation based on disappointing economic growth.

Why can't I just get the CAD/MXN market rate I see online or in the media?

The mid-rate is the rate you will see quoted online or the news. It is actually just the half-way point (hence mid-rate) between the last rate at which the CAD / MXN was traded (bought or sold) in the international markets.

All foreign exchange providers charge a fee for providing their service and this fee is usually contained within the exchange rate margin (or difference to the mid-rate). Some providers such as Transferwise will quote you the mid-rate (or close to) and charge a separate percentage fee.

Getting a good market rate is mainly about timing however the transaction margin you end up being charged can be considerably reduced by around a few percent (of total amount being exchanged) for travel money and possibly over 5% to 6% when sending money. The exact potential savings depends on the currencies being exchanged and the amount you are transferring and if you are willing to shop around.

Our real-time foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.

We help you Compare & Save Money on Exchange Rates.

 

View all CAD Exchange Rates